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Property in Bulgaria - An Enviable Investment

Aug 17, 2007
Why the sudden focus and heightened interest on property in Bulgaria? We know the reasons why, and that's because we've done extensive research on this former Communist country that is suddenly coming out of its shell - literally.

As restructuring continues at a frenetic pace in Bulgaria's economic and political arenas, something wonderful is happening in the property market; investors from the UK, Greece, Scandinavia and other European nations are turning their heads to this part of this world which is yet largely unexplored. Keen buyers of property in Bulgaria are drawn to this beautiful enclave, which certainly has everything to offer.

Our own personal interest in Bulgaria took us there, and we learned about the pitfalls to avoid and the dividends that can be reaped with the proper moves. We've bottled and packaged that lengthy experience and diligent research for you. We'll inform you and clarify any questions, and not push you into a corner and force you to buy, the way too eager real estate agents tend to do.Buying property in Bulgaria because of promising city centres like Sofia, Varna and Bourgas - not to forget Plovid - that throb with dynamic commercial potential? Or are you attracted by the still relatively low cost of property in Bulgaria, unlike some exorbitantly-priced properties in Spain and Portugal? This is where Bulgaria comes to the rescue, cost-wise.

Purchase and renovation costs are reasonable, where investors can expect investment yields on their Euros of as high as 7%-8%, depending on the region and the property.

Looking for value and natural beauty to accompany your investment? Take a tour of Bulgaria's ski resorts - like Bansko, Borovets and Pamporovo and see why skiing enthusiasts have graced the country's slopes in increasing numbers.

Golf development property is also in the pipeline, not to forget summer beach properties that are still up for grabs in Sunny Beach, Golden Sands and Nessebar.

And if you prefer history and go for village life, property in Bulgaria abound, because these pockets of land have not yet been fully exploited by investors.

Don't be left out of the Bulgaria property fever. Take a closer look and see why one and two bedroom units in ski and beach areas and off-plan properties offering 10%-15% discounts constitute attractive options for the investor.
About the Author
Surrinder Ahitan's website Bulgarian-Property-Advice.com provides detailed information and advice on the most lucrative areas to invest in Bulgaria. You will learn how to get around, get a flavor of the language, history, culture and more.
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